Abstract
This study verifies the influence of corporate tax aggressiveness on the replacement of the Chief Executive Officer - CEO. Tax Aggressiveness can be a determinant of CEO turnover in companies listed on the Brazilian stock exchange B3. Methodologically, the study uses three metrics of tax aggressiveness to verify the nature of this relationship in the period from 2010 to 2016, ranking the results by quintile and identifying the high and low extremes of tax aggressiveness. In addition, control variables were used to reduce the bias of the proposed regression. The results evidence that less tax aggressive CEOs are more likely to be replaced. For managers, the findings reinforce that tax planning is a determinant factor to remain in the position.
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